(in millions of MNT)
| BALANCE SHEET ITEMS | 31/12/2022 | |
| 1 | ASSET | |
| 1.1 | Cash and cash equivalents |
484,176 |
| 1.2 | Due from banks and financial institutions |
69,136 |
| 1.3 | Financial investments |
12,290 |
| 1.4 | Loans and advances to customers (net) |
549,812 |
| 1.4.1 | Performing loans |
490,950 |
| 1.4.2 | Non-performing loans |
77,125 |
| 1.4.3 | Deferred loan payment |
(140) |
| 1.4.4 | Accrued interest receivable |
11,337 |
| 1.4.5 | Loan Loss Provision |
(29,460) |
| 1.5 | Derivative financial assets |
3,416 |
| 1.6 | Other financial assets |
694 |
| 1.7 | Other non-financial assets |
3,369 |
| 1.8 | Fixed assets (net) |
22,988 |
| 1.9 | Intangible assets |
10,490 |
| 1.10 | Total assets |
1,156,371 |
| 2 | LIABILITIES | |
| 2.1 | Current account |
120,912 |
| 2.2 | Savings account |
400,133 |
| 2.3 | Due to banks and financial institutions |
404,289 |
| 2.4 | Other funds |
20,560 |
| 2.5 | Derivative financial liabilities |
5,610 |
| 2.6 | Other liabilities |
18,409 |
| 2.7 | Total liabilities |
969,913 |
| 3 | EQUITY | |
| 3.1 | Share capital |
146,474 |
| 3.2 | Share premium |
15,647 |
| 3.3 | Treasury shares |
(7,032) |
| 3.4 | Revaluation surplus |
– |
| 3.5 | Retained earnings /loss/ |
30,255 |
| 3.6 | Other reserves |
1,114 |
| 4 | Total equity |
186,458 |
| 5 | TOTAL LIABILITIES AND EQUITY |
1,156,371 |
(in millions of MNT)
| INCOME STATEMENT | 31/12/2022 | |
| 1 | Interest income |
84,938 |
| 1.1 | From Bank of Mongolia |
415 |
| 1.2 | From Other banks & financial institutions |
2,582 |
| 1.3 | From securities |
4,372 |
| 1.4 | From loans |
72,480 |
| 1.5 | Other interest income |
5,089 |
| 2 | Interest expense |
45,939 |
| 2.1 | Interest expense on current account |
– |
| 2.2 | Interest expense on savings account |
37,816 |
| 2.3 | Interest expense on borrowed funds |
2,376 |
| 2.4 | Interest expense on securities |
1,711 |
| 2.5 | Other interest expense |
4,036 |
| 3 | NET INTEREST INCOME (1-2) |
38,999 |
| 4 | Provision expenses (provision reverse income) |
9,225 |
| 4.1 | Deposits at other banks and financial institutions |
768 |
| 4.2 | Securities |
73 |
| 4.3 | Loans |
8,384 |
| 5 | Net interest income after provision [(3)-(4)] |
29,774 |
| 6 | Other income |
31,889 |
| 6.1 | Non-interest income |
31,440 |
| 6.1.1 | Trading income |
19,213 |
| 6.1.2 | Exchange and revaluation adjustment expense |
10,838 |
| 6.1.3 | Fees and commission income |
1,389 |
| 6.1.4 | Other non-interest income |
– |
| 6.2 | Other income |
449 |
| 7 | Other expense |
48,238 |
| 7.1 | Non-interest expense |
47,591 |
| 7.1.1 | Other provision expense |
58 |
| 7.1.2 | Trade expense |
15,191 |
| 7.1.3 | Exchange and revaluation adjustment expense |
9,883 |
| 7.1.4 | Fees and commission expense |
1,108 |
| 7.1.5 | Other operating expense |
21,351 |
| 7.2 | Other expense |
647 |
| 8 | Profit Before Tax (5+6-7) |
13,425 |
| 9 | Income tax expense |
2,560 |
| 10 | Profit After Taxes (8-9) |
10,865 |
| 11 | Other comprehensive income |
(80) |
| 12 | Total comprehensive income for the year (10+11) |
10,785 |
(in millions of MNT)
| OFF BALANCE SHEET | 31/12/2022 |
| Contingencies and commitments (net) |
11,078 |
| PRUDENTIAL RATIOS BY THE BANK OF MONGOLIA | Limit | 31/12/2022 |
| Tier 1 ratio |
≥ 9% |
26.9% |
| Capital adequacy ratio |
≥ 12% |
26.9% |
| Liquidity |
≥ 25% |
37.0% |
| Foreign currency open position ratio (by each currency) |
< ±15% |
-2.6% |
| Foreign currency open position ratio (total) |
< ±30% |
-3.2% |
(in millions of MNT)
| Related parties | Category of assets | Balance | % in total Equity | |
| 1 | Loans and other equivalent asset provided to a related party (less than 5% of capital) |
4.9% |
||
| 1.1 | Shareholders of the Bank |
– |
– |
0.0% |
| 1.2 | Key management personnel |
– |
– |
0.0% |
| 1.3 | Other related parties |
Loan |
9,140 |
4.9% |
| 2 | Total Loans and other equivalent asset provided to related parties (less than 20% of capital) |
18.5% |
||
| 2.1 | Shareholders of the Bank |
Loan |
100 |
0.1% |
| 2.2 | Key management personnel |
Loan |
331 |
0.2% |
| 2.3 | Other related parties |
Loan |
34,020 |
18.2% |